20 Apr 1990
FRIENDSHIP ALLIANCE METALS & MINERALS CO., LTD. v. BENQUEN TRADING CO., LTD.
- Citation
- FRIENDSHIP ALLIANCE METALS & MINERALS CO., LTD. v. BENQUEN TRADING CO., LTD.
- Court
- Court of First Instance
- Case number
- HCA3319/1989
The court preferred the plaintiff's body of transactional and witness evidence over the defendant's single outlier transaction, found the market unit price at the relevant time to be US$64.15 per dry metric ton unit, applied the accepted 5% trade margin to reduce the recoverable quantity to 190 metric tons and assessed damages at US$47,547.50; no pre-judgment interest was awarded and costs of the assessment were ordered nisi to the plaintiff with a certificate for counsel.